Regulatory and Compliance Associate (AML)

iCapital; New York (NY); On-site; USD 80,000 - 120,000; Full time

Job summary

iCapital is seeking a Compliance Associate to join its Regulatory and Compliance team in New York. The role leads the review and approval process for investor AML and KYC with a private fund focus, ensuring full regulatory compliance and supporting the Legal and Compliance teams on various tasks.

You will review AML/KYC documentation, perform third party reliance testing, and collaborate across business lines on new initiatives. Strong AML/KYC knowledge and ACAMS preferred, with JD as a plus.

Qualifications

• AML/KYC regulatory requirements experience for private funds.
• Experience with AML screening resolution vendor tools.
• ACAMS certification is preferred; JD is a plus.

Responsibilities

• Review and approve investor AML and KYC with a private fund focus.
• Ensure compliance with AML/KYC regulatory requirements.
• Collaborate with Legal and Compliance across initiatives.
• Perform third party reliance testing and monitoring.
• Assist in audits and inquiries as needed.

Skills

AML/KYC knowledge

Regulatory compliance

Strong communication

Project management

Education

Juris Doctor (JD)

Tools

LexisNexis

World-Check

ComplyAdvantage

Job description

• ICapital is looking to hire a Compliance Associate to join its Regulatory and Compliance team to lead the review and approval process for investor AML and KYC with a strong private fund focus. This role will be responsible for ensuring compliance with all AML and KYC regulatory requirements and generally assisting the Legal and Compliance teams with various compliance-focused tasks
• Review of investor and client AML and KYC documentation, client communications, quarterly reporting and ongoing monitoring
• Perform third party reliance testing and monitoring
• Collaborate across various business lines on new initiatives, providing compliance guidance
• Conduct AML screening review and dispositions
• Assist in preparing for and responding to inquiries and audits

AML and KYC knowledge of regulatory requirements for private fund investorsExperience with AML screening resolution vendor tools (i.e. LexisNexis, Worldcheck, ComplyAdvantage)ACAMS certification is preferredStrong knowledge of the Investment Company Act of 1940, Securities Act of 1933 and Cayman Islands Anti-Money Laundering RegulationsThrives in a fast-paced environment with a continuous learning mindset1-4 years of alternatives experience, preferably with both broker dealer and registered investment advisor experienceExcellent verbal communication skills with the ability for personal interactionSelf-motivated with robust project management and process development skillsJD is a plus